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Amerigroup Corporation (AGP) [hlAlert]

Rating:
Outperform
AGP
up 184.69 %

Amerigroup Corporation (AGP) rated Outperform with price target $28 by Credit Suisse

Posted on: Monday,  Dec 21, 2009  9:25 AM ET by Credit Suisse

Credit Suisse rated Outperform Amerigroup Corporation (NYSE: AGP) on 12/21/2009. Previously Credit Suisse rated Buy Amerigroup Corporation (NYSE: AGP) on 09/10/2007.,
when the stock price was $32.21. Since then, Amerigroup Corporation has gained 184.69% as of 12/24/2012's recent price of $91.70.
If you would have followed the previous Credit Suisse's recommendation on AGP, you would have gained 184.69% of your investment in 1932 days.

AMERIGROUP Corporation is a multi-state managed healthcare company focused on serving people, who receive healthcare benefits through publicly sponsored programs, including Medicaid, Children?s Health Insurance Program (CHIP), Medicaid expansion programs and Medicare Advantage. The Company designs its programs to address the particular needs of its members, for whom AMERIGROUP Corporation facilitates access to healthcare benefits pursuant to agreements with the applicable state and Federal governments. The Company combines medical, social and behavioral health services to help its members obtain healthcare in an efficient manner. As of December 31, 2008, AMERIGROUP Corporation provided an array of products to approximately 1,579,000 members in Florida, Georgia, Maryland, New Jersey, New Mexico, New York, Ohio, South Carolina, Tennessee, Texas and Virginia. On February 1, 2009, it commenced operations serving approximately 50,000 Medicaid and CHIP eligible members in Nevada.

Excellence in equity and fixed income research is a hallmark of Credit Suisse. Globally, our equity research analysts provide in-depth coverage of over 2,500 companies and engage in a knowledge-sharing, value added culture that has yielded the most insightful product for our customers and tremendous competitive results. Additionally, Credit Suisse's powerful macro-economic and debt strategy teams integrate the bank's comprehensive company research with keen market perspectives of the ever-shifting investment terrain.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/21/2009 9:25 AM Buy
None
26.00 28.00
as of 12/31/2009
1 Week up  79.56 %
1 Month up  99.02 %
3 Months up  112.85 %
1 YTD up  59.85 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/27/2009 8:25 AM Buy
None
21.76 26.00
8/3/2009 9:25 AM Buy
None
24.88 30.00
9/10/2007 9:25 AM Buy
None
32.21

(*) Stock Price at the time of the recommendation.
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